Lyxor UCITS (Germany) Probability of Target Price Finishing Over Current Price

LYME -- Germany ETF  

EUR 27.11  0.11  0.40%

Lyxor UCITS probability of target price tool provides mechanism to make assumptions about upside and downside potential of Lyxor UCITS ETF Hong Kong performance during a given time horizon utilizing its historical volatility. Please specify Lyxor UCITS time horizon, a valid symbol (red box) and a target price (blue box) you would like Lyxor UCITS odds to be computed. Please see also Lyxor UCITS Backtesting, Portfolio Optimization, Lyxor UCITS Correlation, Lyxor UCITS Hype Analysis, Lyxor UCITS Volatility, Lyxor UCITS History as well as Lyxor UCITS Performance.
Horizon     30 Days    Login   to change
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Lyxor UCITS Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 27.11 30 days 27.11  ABOUT 50.14%
Based on normal probability distribution, the odds of Lyxor UCITS to move above current price in 30 days from now is about 50.14% (This Lyxor UCITS ETF Hong Kong probability density function shows the probability of Lyxor UCITS ETF to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Lyxor UCITS ETF Hong Kong has beta of -0.1021 indicating as returns on benchmark increase, returns on holding Lyxor UCITS are expected to decrease at a much smaller rate. During bear market, however, Lyxor UCITS ETF Hong Kong is likely to outperform the market. Additionally Lyxor UCITS ETF Hong Kong has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Lyxor UCITS Price Density 
      Price 
α
Alpha over DOW
=0.02
β
Beta against DOW=0.1
σ
Overall volatility
=0.67
Ir
Information ratio =0.020707

Current Sentiment - LYME

Lyxor UCITS ETF Investor Sentiment

Macroaxis portfolio users are evenly split in their trading attitude regarding investing in Lyxor UCITS ETF Hong Kong. What is your trading attitude regarding investing in Lyxor UCITS ETF Hong Kong? Are you bullish or bearish?
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Price Density Drivers

Lyxor UCITS Health Indicators

Average Daily Volume In Three Month20
Please see also Lyxor UCITS Backtesting, Portfolio Optimization, Lyxor UCITS Correlation, Lyxor UCITS Hype Analysis, Lyxor UCITS Volatility, Lyxor UCITS History as well as Lyxor UCITS Performance. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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